Agriculture Fumigants Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

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Agriculture Fumigants Market : By Fumigant Type (Phosphine, Chloropicrin, Methyl bromide, 1,3-Dichliropropene, Metam sodium, Others), By Formulation Type (Solid, Liquid, Gas), By Application (Soil (Nursery, Field, Transplant bed, Greenhouse) Warehouse (Stack, Silo)) and Geography 

 

 

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Description

Agriculture Fumigants Market size valued at USD 2.4 billion in 2021 and expected to reach USD 3.22 billion by 2028, at a CAGR of 4.3% during the forecast peirod 2022 to 2028. Fumigants are the chemical substances used in the fumigation to control the pests by filling a complete area to poison or suffocate the pests. Agriculture fumigants are used in the pre-harvest and post-harvest process. In the pre-harvest, fumigants are inserted in the soil to destroy the insects or fungi in crops and grains. In the post-harvest process, agriculture fumigants are used to reduce the damages to harvested crops from insects, termite, and bugs by using toxic gases. Agriculture fumigants are also used for the protection of crop from soil insects, nematodes, moles, rodents, and import or exporting of goods to inhibit the growth of exotic microorganisms. Agriculture fumigants market is growing at a significant CAGR owing to innovation of effective fumigants with low cost, and increasing the soil erosion are the factors driving the agriculture fumigants market. Increase in the demand for healthy food products with better yield and growing adoption of newer agriculture practices are anticipated to boost the fumigants market. Moreover, acquisitions and mergers, collaborations, and product launchings are the strategies followed by the companies for increasing their revenue in the fumigants market. For instance, in April 2014, AMVAC Chemical Corporation gain the distribution rights for Basamid G in U.S., which is a granular soil fumigant. The adoption of viable replacements for methyl bromide for the management of stored items and to quarantine pests has resulted from increasing pest tolerance to methyl bromide fumigation, followed by its phase-out. Phosphine, sulfuryl fluoride, carbonyl sulphide, ethyl formate, hydrogen cyanide, carbon disulfide, methyl iodide, and methyl isothiocyanate are all alternatives to methyl bromide fumigant. As a result, producers are concentrating on new product development by investing in R&D operations for active components that can suppress resistant insects when used in combination with alternative fumigants.

Agriculture Fumigants Market

MARKET SUMMARY
-
4.3% CAGR
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR– 4.3%
  • Largest Market– North America
  • Fastest Growing Market– Europe

Agriculture Fumigants Market

  • The report on global Agriculture Fumigants Market gives historical, current, and future market sizes (US$ Bn) on the basis of fumigant type, formulation type, application and geography.
  • Agriculture Fumigants Market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa
Key Players
  • Bayer CropScience AG
  • BASF SE
  • FMC Corporation
  • The Dow Chemical Company
  • E.I. DuPont De Nemours & Company (U.S.)
Agriculture Fumigants Market Dynamics

Increase in the agriculture production, crop losses in transportation and post-harvest pest attack, high product efficiency, and advances in storage technology are anticipated to fuel the agriculture fumigants market over the forecast period. Moreover, increase in the soil degradation, rise in awareness about the modern agriculture farming practices, and increase in the demand for agriculture commodities are expected to propel the agriculture fumigants market over the forecast period. However, stringent regulatory guidelines for product approvals, complexity in product application process, and high toxicity of the chemicals are the factors are impeding growth of the market.


North-America Got Significant Share

Agriculture Fumigants Market

Geographically, agriculture fumigants market segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. In North America region, agriculture fumigant product approvals by U.S. EPA, and increase in the usage of agriculture fumigants for better quality products are the factors anticipated to upsurge the revenue of North America agriculture fumigants market. Europe Agriculture fumigants market expected to exhibit significant growth in global agriculture fumigants market, which is attributed to diversification of agriculture fumigants product portfolio into Europe by market players, rise in the supply of quality product, and adoption of novel agriculture farming procedures. Moreover, Asia Pacific Agriculture fumigants market is driven by dependency on agriculture farming, change in the farming practices, and reduction of post-harvesting loss are expected propel the Growth Of the market over the forecast period.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The report provides granular level information about the market size, regional market share and forecast
  • The report covers in-detail insights about the competitor’s overview, key findings and their key strategies
  • The report outlines drivers, restraints, challenges, and trends that are currently faced by the industry
  • The report tracks recent innovations, key developments and startup’s details that are working in the industry
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario

 


Agriculture Fumigants Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The agriculture fumigants market is projected to expand at a CAGR of 4.3% during the forecast period

 

Bayer CropScience AG, BASF SE, FMC Corporation, The Dow Chemical Company, E.I. DuPont De Nemours & Company (U.S.)

North America is the fastest-growing region for the agriculture fumigants market


Report

Table Of Content


Report

Company Profile

  • Bayer CropScience AG
  • BASF SE
  • FMC Corporation
  • The Dow Chemical Company
  • E.I. DuPont De Nemours & Company
  • Syngenta AG
  • ADAMA agricultural solution
  • Arkema
  • Reddick fumigants
  • Degesch America
  • Ikeda Kogyo Co. Ltd
  • AMVAC Chemical Corporation

Description

Agriculture Fumigants Market size valued at USD 2.4 billion in 2021 and expected to reach USD 3.22 billion by 2028, at a CAGR of 4.3% during the forecast peirod 2022 to 2028. Fumigants are the chemical substances used in the fumigation to control the pests by filling a complete area to poison or suffocate the pests. Agriculture fumigants are used in the pre-harvest and post-harvest process. In the pre-harvest, fumigants are inserted in the soil to destroy the insects or fungi in crops and grains. In the post-harvest process, agriculture fumigants are used to reduce the damages to harvested crops from insects, termite, and bugs by using toxic gases. Agriculture fumigants are also used for the protection of crop from soil insects, nematodes, moles, rodents, and import or exporting of goods to inhibit the growth of exotic microorganisms. Agriculture fumigants market is growing at a significant CAGR owing to innovation of effective fumigants with low cost, and increasing the soil erosion are the factors driving the agriculture fumigants market. Increase in the demand for healthy food products with better yield and growing adoption of newer agriculture practices are anticipated to boost the fumigants market. Moreover, acquisitions and mergers, collaborations, and product launchings are the strategies followed by the companies for increasing their revenue in the fumigants market. For instance, in April 2014, AMVAC Chemical Corporation gain the distribution rights for Basamid G in U.S., which is a granular soil fumigant. The adoption of viable replacements for methyl bromide for the management of stored items and to quarantine pests has resulted from increasing pest tolerance to methyl bromide fumigation, followed by its phase-out. Phosphine, sulfuryl fluoride, carbonyl sulphide, ethyl formate, hydrogen cyanide, carbon disulfide, methyl iodide, and methyl isothiocyanate are all alternatives to methyl bromide fumigant. As a result, producers are concentrating on new product development by investing in R&D operations for active components that can suppress resistant insects when used in combination with alternative fumigants.

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